On June 15, Entegris rose 5.63% in pre-market trading, trading at $158.46/share, with turnover of $900,500.

On the news front, SK Hynix announced plans to triple wafer capacity by 2034 and expects to double output within five years to meet surging AI-driven memory chip demand. Additionally, SK Group plans to collaborate with NVIDIA to build AI data centers in Japan between 2028 and 2029. Concurrently, Goldman Sachs research affirmed that the AI investment cycle has not yet peaked, citing exponential growth in token consumption that will continue to drive mandatory spending on data centers, AI chips, networking equipment, and power infrastructure.

As a critical semiconductor process materials supplier, Entegris directly benefits from large-scale downstream wafer fab expansions driving increased demand for specialty chemicals, filtration solutions, and advanced materials handling. Within the Semiconductor Equipment sector, the broader group rallied in tandem, with Teradyne up 5.41%, Lam Research up 5.12%, Applied Materials up 4.80%, KLA-Tencor up 4.31%, and ASML up 2.85%.

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